Category: Economy

Homes in Toronto: prices stable, but the market is at a standstill

 

TORONTO – The average price of a home in Toronto has remained virtually unchanged over the past two months: the market seemed to be on standby, due to a sharp drop in new listings. In fact, the latest data from the Toronto Region Real Estate Board (TRREB) shows that the average sale price across all property types was $ 1,089,428 in October, up from $ 1,086,762 in September. Prices remain down 5.7% from the same period last year, while October is the third consecutive month with little or no change in TRREB’s benchmark index.  (more…)

Un canadese su 5 non mangia per risparmiare

TORONTO – C’è chi usa i coupon-sconto, chi diminuisce gli sprechi domestici, di compra cibi più economici e meno salutare ma c’è anche chi salta i pasti: lo fa un canadese su cinque. Le famiglie, dunque, le stanno provando proprio tutte per risparmiare, nel bel mezzo di una crisi che vede i prezzi continuare a salire: anche se il tasso di inflazione annuale del Paese è sceso leggermente al 6,9% a settembre, il costo dei generi alimentari ha infatti proseguito la sua corsa, raggiungendo un aumento dell’11,4% rispetto ad un anno fa (ad un ritmo che non si vedeva dal 1981). Fare la spesa, ormai, è diventata un’impresa… Read More in Corriere Canadese >>> 

One in five Canadians don’t eat to save money

TORONTO – There are those who use discount coupons, those who reduce household waste, buy cheaper and less healthy food but there are also those who skip meals: one in five Canadians do it. Families, therefore, are trying them all to save money, in the midst of a crisis that sees prices continue to rise: even though the country’s annual inflation rate dropped slightly to 6.9% in September, the cost of food has in fact continued its run, reaching an increase of 11.4% compared to a year ago (at a pace not seen since 1981). Shopping has now become an odissey. (more…)